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i just purchased something online using the visa card in Taiwan... it went through fine, however, i noticed that paypal has the exchange rate wrong. as of today, the exchange rate should be about 1 u.s. dollar = $29 something twd... but on paypal it says it's about $32.20

syrianrue wrote:i just purchased something online using the visa card in Taiwan... it went through fine, however, i noticed that paypal has the exchange rate wrong. as of today, the exchange rate should be about 1 u.s. dollar = $29 something twd... but on paypal it says it's about $32.20

kevinsang01212 wrote:yep, the last time I received some payment thru Paypal, I had to pay fees and the exchange rate.

Overall, I lost about 200 usd. Damn

Kevin

Next time, click on the option that allows your bank to determine the exchange rate rather than let paypal determine that for you. I find that the bank's rate is always significantly lower than paypal's rate even though you won't see it up front.

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